Gas Prices Step Higher To Second Monthly Record In All Southland Regions

LOS ANGELES, April 8, 2008) — Gas prices climbed in a stair-step fashion to new records throughout the state this month, according to the Automobile Club of Southern California monthly Fuel Gauge Report.

The Southern California April average price for regular self-serve gasoline set a new all-time record monthly high of $3.718, up 13.8 cents from $3.580 on March 11, which was the previous all-time Southern California monthly record price. Before March the record monthly average price was $3.486, set in May of 2007.

At this time last year, the average Southern California price was $3.354 -- 36 cents lower than today.

California’s state average price of $3.723 a gallon – a new record for the second month in a row – is 16 cents higher than last month’s average. The state’s lowest average price is in La Habra, where regular sells for $3.601. Tahoe City has the state’s highest average price - $3.899.

Nationally, the average price is $3.331, slightly down from Monday’s all-time record daily price of 3.339 and an increase of 12 cents since March. New Jersey has the lowest state average price, at $3.064.

“During the last two weeks of March, prices seemed to have hit a plateau, but now they are moving upward again,” said Auto Club spokesperson Jeffrey Spring. “Industry analysts point to continued high oil prices and some regional refinery slow-downs as the drivers of current gasoline price increases.”

In Southern California, the averages for regular and premium grades of gasoline are listed below:

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The Automobile Club of Southern California is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the following California counties: Inyo, Imperial, Kern, Los Angeles, Mono, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura.